sipMARGS

East Stroudsburg, United States Founded: 2019 • Age: 7 yrs
Margarita drinks are produced by sipMARGS in the United States.
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About sipMARGS

sipMARGS is a company based in East Stroudsburg (United States) founded in 2019 by Joey Angelo and Wyatt Carder.. sipMARGS has raised $8 million across 3 funding rounds from investors including Palm Tree Crew and The Lab. sipMARGS offers products and services including STAY SALTY CLASSIC, STAY COOL COCONUT, STAY SPICY SPICY, STAY SWEET SWEET, and STAY SMOKIN MEZCAL. sipMARGS operates in a competitive market with competitors including Ohza, FLYERS, Ethyl Ambrosia, Twisp Southern Hard Seltzer and Columbus Craft Cocktail Tour, among others.

  • Headquarter East Stroudsburg, United States
  • Founders Joey Angelo, Wyatt Carder
  • Sectors
    Consumer
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Consumer → Food, Beverage & Nutrition
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $8 M (USD)

    in 3 rounds

  • Latest Funding Round
    $3 M (USD), Seed

    Mar 12, 2025

  • Investors
  • Employee Count
    Employee Count
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Products & Services of sipMARGS

sipMARGS offers a comprehensive portfolio of products and services, including STAY SALTY CLASSIC, STAY COOL COCONUT, STAY SPICY SPICY, STAY SWEET SWEET, and STAY SMOKIN MEZCAL. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Canned classic margarita for straightforward flavor enjoyment.

Coconut-flavored canned margarita for refreshing consumption.

Spicy-flavored canned margarita for bold taste experiences.

Sweet-flavored canned margarita for simple indulgence.

Mezcal-flavored canned margarita for smoky flavor options.

People of sipMARGS
Headcount 1-10
Employee Profiles 4
Employee Profiles
People
Jim Rudy
Chief Sales Officer (cso)
People
Alyssa Pate
Florida Market Manager
People
Justin Nabozna
CEO

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Funding Insights of sipMARGS

sipMARGS has successfully raised a total of $8M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $3 million completed in March 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 3
  • Last Round Seed — $3.0M
  • First Round

    (04 May 2022)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2025 Amount Seed - sipMARGS Valuation Palm Tree Crew
Dec, 2023 Amount Seed - sipMARGS Valuation The Lab
May, 2022 Amount Seed - sipMARGS Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in sipMARGS

sipMARGS has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Palm Tree Crew and The Lab. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Record label company
Founded Year Domain Location
Investment in nascent brands is facilitated by The Lab.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by sipMARGS

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - sipMARGS

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Sipmargs Comparisons

Employees
+
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Competitors of sipMARGS

sipMARGS operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ohza, FLYERS, Ethyl Ambrosia, Twisp Southern Hard Seltzer and Columbus Craft Cocktail Tour, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Alcoholic cocktail kits are sold online by Ohza.
domain founded_year HQ Location
Ready-to-drink alcoholic beverages are offered by an internet-first brand.
domain founded_year HQ Location
Internet first brand of alcoholic vegan gels
domain founded_year HQ Location
Brand of hard seltzer
domain founded_year HQ Location
Guided tours exploring craft cocktail bars with mixology lessons and tastings in Columbus.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Sipmargs

SipMargs raises $2m in funding
Foodbev2 years ago
sipMARGS Raises $2M in Funding
Finsmes2 years ago

Frequently Asked Questions about sipMARGS

When was sipMARGS founded?

sipMARGS was founded in 2019 and raised its 1st funding round 3 years after it was founded.

Where is sipMARGS located?

sipMARGS is headquartered in East Stroudsburg, United States. It is registered at East Stroudsburg, Pennsylvania, United States.

Is sipMARGS a funded company?

sipMARGS is a funded company, having raised a total of $8M across 3 funding rounds to date. The company's 1st funding round was a Seed of $3M, raised on May 04, 2022.

What does sipMARGS do?

sipMARGS was founded in 2019 by co-founders Joey Angelo and Wyatt Carder. The company is headquartered in East Stroudsburg, United States, and operates within the alcoholic beverage sector. Focus is placed on the production of margarita drinks, with distribution handled through the companys domain, sipmargs.com. Core activities involve manufacturing and supply chain management for these beverages, targeting regional and national markets in the U.S.

Who are the top competitors of sipMARGS?

sipMARGS's top competitors include Fable, Ohza and Ethyl Ambrosia.

What products or services does sipMARGS offer?

sipMARGS offers STAY SALTY CLASSIC, STAY COOL COCONUT, STAY SPICY SPICY, STAY SWEET SWEET, and STAY SMOKIN MEZCAL.

Who are sipMARGS's investors?

sipMARGS has 2 investors. Key investors include Palm Tree Crew, and The Lab.

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